CandleFocus Ignorant Traders Avoiding Bitcoin Have ‘Catastrophic’ View on Markets, Says Fundstrat’s Tom Lee
2025-01-12
Author: Content Editor
Fundstrat's Chief Investment Officer, Tom Lee, asserts that anyone who ignores Bitcoin likely believes it will eventually go to zero. He argues that Bitcoin has proven its longevity, having been around for 15 years without a successor. Lee also highlights the growing support for Bitcoin from the incoming Trump administration and the fact that it has become a $2 trillion asset. He suggests that the macroeconomic environment, including a pro-business president, dovish Federal Reserve, cautious sentiment, and a significant amount of cash waiting to be deployed, will act as tailwinds for risk assets like stocks and crypto in the first half of the year.
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